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$265,000

Beds
4
Baths
1.0
sq ft
1,199

637 Prospect Ave NE, Grand Rapids, MI 49503

637 Prospect Ave NE

GrandRapidsCity_Kent, MI 49503

  • <1 day on market
Prime Location! Move-In Ready Home in the Belknap NeighborhoodThis fully city-certified rental (valid through 4/15/2028) offers an impressive history of renting for over $2,000 per month by the bedroom. Ideally located just one block from GVSU Finkelstein Hall and three blocks from the Medical Mile, this 4-bedroom, 1-bathroom home places you minutes from downtown entertainment, shopping, and dining.Recently updated with fresh paint and new flooring (including the living room, kitchen, and upstairs bedrooms), the property features a spacious main floor layout with a large living area, separate dining space, and well-appointed kitchen. Enjoy outdoor living on the generous front porch or the rear deck, which overlooks a fully fenced backyard--perfect for relaxing or entertaining.Practical amenities include main-floor laundry, off-street parking, and handy storage sheds. Major home systemsincluding the furnace, roof, windows, and electrical panelhave been updated to ensure lasting value. Whether you're seeking a reliable income property or a comfortable home in a prime neighborhood, this one checks all the boxes.

Details

Property type

Single Family Residence

Est. home value

$220,727

Lot size

4,792 sq ft

Price per sq ft

$222

Year built

1890

Annual property taxes

$4,762

Price History

04/02/2025
Realcomp

Realcomp #66025013031

Listed
$265,000
+3.92%
08/31/2024
Realcomp

Realcomp #66024037479

Removed
$255,000
08/07/2024
Realcomp

Realcomp #66024037479

Price change
$255,000
-3.77%

Schools & Community

Neighborhood: 

Belknap Lookout

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

GrandRapids

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Commercial Lender Llc

Loan start date

April 2023

Original loan amount

$142,500

Est. remaining balance

Not provided

Interest rate

6.5%

Loan type

Building or Construction Loan, 30 year

Seller

Lake Michigan Quality Rental Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/03/2025 at 11:10 AM

Listing updated: 04/02/2025 at 2:06 PM

Listed by: Zac L Folsom, Zac Folsom Group Phone #: (269) 241-3493

MLS: Realcomp #66025013031

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